americanrealty13da-011013.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

(Amendment No.1)*
 
American Realty Capital Trust, Inc.
(Name of Issuer)

Common Stock, par value $.01
(Title of Class of Securities)

02917L101
(CUSIP Number)

Jamie Nash, Esq.
Kleinberg, Kaplan, Wolff & Cohen, P.C.
551 Fifth Avenue, New York, New York 10176
(212) 986-6000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

January 8, 2013
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ].

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See Rule 13d-7(b) for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


 
 
 
 
1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Capital Partners, LP
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
WC
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
4,810,656
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
4,810,656
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
4,810,656
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
3.0%
   
14.
TYPE OF REPORTING PERSON*
 
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Spectrum, LLC
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    o
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
WC
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
0
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
0
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.0%
   
14.
TYPE OF REPORTING PERSON*
 
OO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Wavefront, LP
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
WC
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
1,555,174
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
1,555,174
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,555,174
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
1.0%
   
14.
TYPE OF REPORTING PERSON*
 
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Capital Partners Offshore Master Fund, LP
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
WC
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
7,460,240
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
7,460,240
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
7,460,240
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
4.7%
   
14.
TYPE OF REPORTING PERSON*
 
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Capital Partners Offshore, Ltd.
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
AF
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
7,460,240
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
7,460,240
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
7,460,240
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
4.7%
   
14.
TYPE OF REPORTING PERSON*
 
CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Spectrum Offshore Master Fund, LP
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
WC
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
570,534
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
570,534
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
570,534
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.4%
   
14.
TYPE OF REPORTING PERSON*
 
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Spectrum Offshore, Ltd.
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
AF
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
570,534
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
570,534
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
570,534
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.4%
   
14.
TYPE OF REPORTING PERSON*
 
CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Capital Group, LP
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
OO
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
15,040,457
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
15,040,457
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
15,040,457
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
9.5%
   
14.
TYPE OF REPORTING PERSON*
 
PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Luxor Management, LLC
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
OO
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
15,040,457
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
15,040,457
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
15,040,457
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
9.5%
   
14.
TYPE OF REPORTING PERSON*
 
OO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
LCG Holdings, LLC
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
OO
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
14,396,604
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
14,396,604
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
14,396,604
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
9.1%
   
14.
TYPE OF REPORTING PERSON*
 
OO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 


1.
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
   
 
Christian Leone
   
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 
(a)    x
 
(b)    o
   
3.
SEC USE ONLY
   
4.
SOURCE OF FUNDS*
 
OO
   
5.
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
 
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)     o
   
6.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
   
7.
SOLE VOTING POWER
 
0
   
8.
SHARED VOTING POWER
 
15,040,457
   
9.
SOLE DISPOSITIVE POWER
 
0
   
10.
SHARED DISPOSITIVE POWER
 
15,040,457
   
11.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
15,040,457
   
12.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES*    o
   
13.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
9.5%
   
14.
TYPE OF REPORTING PERSON*
 
IN, HC

*SEE INSTRUCTIONS BEFORE FILLING OUT!

 
 
 

This statement is filed with respect to the shares of common stock, $.01 par value, ("Common Stock") of American Realty Capital Trust, Inc. (the "Issuer") beneficially owned by the Reporting Persons identified below as of January 9, 2013, and amends and supplements the Schedule 13D originally filed on October 15, 2012 (collectively, the "Schedule 13D").  Except as set forth herein, the Schedule 13D is unmodified.

The names of the persons filing this statement on Schedule 13D are (collectively, the “Reporting Persons”):

·  
Luxor Capital Partners, LP, a Delaware limited partnership (the “Onshore Fund”);

·  
Luxor Spectrum, LLC, a Delaware limited liability company (the “Spectrum Onshore Fund”);

·  
Luxor Wavefront, LP, a Delaware limited partnership (the “Wavefront Fund”);

·  
Luxor Capital Partners Offshore Master Fund, LP, a Cayman Islands limited partnership (the “Offshore Master Fund”);

·  
Luxor Capital Partners Offshore, Ltd., a Cayman Islands exempted company (the “Offshore Feeder Fund”);

·  
Luxor Spectrum Offshore Master Fund, LP, a Cayman Islands limited Partnership (the “Spectrum Offshore Master Fund”);

·  
Luxor Spectrum Offshore, Ltd., a Cayman Islands exempted company (the “Spectrum Offshore Feeder Fund”);

·  
Luxor Capital Group, LP, a Delaware limited partnership (“Luxor Capital Group”);

·  
Luxor Management, LLC, a Delaware limited liability company (“Luxor Management”);

·  
LCG Holdings, LLC, a Delaware limited liability company (“LCG Holdings”); and

·  
Christian Leone, a United States citizen (“Mr. Leone”).

Luxor Capital Group acts as the investment manager of the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund, the Offshore Feeder Fund, the Spectrum Offshore Master Fund and the Spectrum Offshore Feeder Fund (collectively, the “Funds”) and to accounts it separately manages (the “Separately Managed Accounts”).  The Offshore Master Fund is a subsidiary of the Offshore Feeder Fund, and the Spectrum Offshore Master Fund is a subsidiary of the Spectrum Offshore Feeder Fund.  Luxor Management is the general partner of Luxor Capital Group.  Mr. Leone is the managing member of Luxor Management.  LCG Holdings is the general partner of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund, the Spectrum Offshore Master Fund and the managing member of the Spectrum Onshore Fund.  Mr. Leone is the managing member of LCG Holdings.  

Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Funds and the Separately Managed Accounts.  LCG Holdings may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Spectrum Offshore Master Fund.
 
 
 
 
 

 
ITEM 3.Source and Amount of Funds or Other Consideration.

A total of approximately $182,583,178 was paid to acquire the shares of Common Stock reported as beneficially owned by the Reporting Persons herein.  The funds used to purchase these securities were obtained from the general working capital of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund, the Spectrum Offshore Master Fund and the Separately Managed Accounts and margin account borrowings made in the ordinary course of business, although the Reporting Persons cannot determine whether any funds allocated to purchase such securities were obtained from any margin account borrowings.


ITEM 5.Interest in Securities of the Issuer.

(a)The Reporting Persons beneficially own:

(i)The Onshore Fund individually beneficially owns 4,810,656 shares of Common Stock representing 3.0% of all of the outstanding shares of Common Stock.  

(ii) The Spectrum Onshore Fund does not beneficially own any shares of Common Stock.  

(iii) The Wavefront Fund individually beneficially owns 1,555,174 shares of Common Stock representing 1.0% of all of the outstanding shares of Common Stock.  

(iv) The Offshore Master Fund individually beneficially owns 7,460,240 shares of Common Stock representing 4.7% of all of the outstanding shares of Common Stock.  The Offshore Feeder Fund, as the owner of a controlling interest in the Offshore Master Fund, may be deemed to beneficially own the shares of Common Stock held by the Offshore Master Fund.

(v) The Spectrum Offshore Master Fund individually beneficially owns 570,534 shares of Common Stock representing 0.4% of all of the outstanding shares of Common Stock.  The Spectrum Offshore Feeder Fund, as the owner of a controlling interest in the Spectrum Offshore Master Fund, may be deemed to beneficially own the shares of Common Stock held by the Spectrum Offshore Master Fund.

(vi) Luxor Capital Group, as the investment manager of the Funds, may be deemed to beneficially own the 14,396,604 shares of Common Stock beneficially owned by them, and an additional 643,853 shares of Common Stock held in the Separately Managed Accounts, representing 9.5% of all of the outstanding shares of Common Stock.  

(vii) Luxor Management and Mr. Leone may each be deemed to be the beneficial owners of the 15,040,457 shares of Common Stock beneficially owned by Luxor Capital Group, representing 9.5% of all of the outstanding shares of Common Stock.  

(viii) LCG Holdings may be deemed to be the beneficial owner of the 14,396,604 shares of Common Stock owned by the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Spectrum Offshore Master Fund, representing 9.1% of all of the outstanding shares of Common Stock.

(ix) Mr. Leone may be deemed to be the beneficial owner of the 14,396,604 shares of Common Stock beneficially owned by LCG Holdings.

(x) Collectively, the Reporting Persons beneficially own 15,040,457 shares of Common Stock representing 9.5% of all of the outstanding shares of Common Stock.  
 

 
 
 
 
The beneficial ownership percentages reported above are based 158,478,679 shares of Common Stock outstanding as of December 6, 2012 as set forth in the Form DEFM14A filed by the Issuer on December 6, 2012.
 
                (b)
The Onshore Fund, Luxor Capital Group, LCG Holdings, Luxor Management and Mr. Leone have shared power to vote or direct the vote of, and to dispose or direct the disposition of, the 4,810,656 shares of Common Stock individually beneficially owned by the Onshore Fund.  

The Wavefront Fund, Luxor Capital Group, LCG Holdings, Luxor Management and Mr. Leone have shared power to vote or direct the vote of, and to dispose or direct the disposition of, the 1,555,174 shares of Common Stock individually beneficially owned by the Wavefront Fund.

The Offshore Master Fund, the Offshore Feeder Fund, Luxor Capital Group, LCG Holdings, Luxor Management and Mr. Leone have shared power to vote or direct the vote of, and to dispose or direct the disposition of, the 7,460,240 shares of Common Stock individually beneficially owned by the Offshore Master Fund.  

The Spectrum Offshore Master Fund, the Spectrum Offshore Feeder Fund, Luxor Capital Group, LCG Holdings, Luxor Management and Mr. Leone have shared power to vote or direct the vote of, and to dispose or direct the disposition of, the 570,534 shares of Common Stock individually beneficially owned by the Spectrum Offshore Master Fund.

Luxor Capital Group, Luxor Management and Mr. Leone have shared power to vote or direct the vote of, and to dispose or direct the disposition of, the 643,853 shares of Common Stock held in the Separately Managed Accounts.

(c)The transactions effected by the Reporting Persons during the past sixty (60) days are set forth on Schedule 1 attached hereto.    

(d)Not applicable.

(e)The Spectrum Onshore Fund does not beneficially own any shares of Common Stock.  Therefore, it is no longer a member of the group with the other Reporting Persons or a member of a group that beneficially owns more than five percent of the Common Stock of the Issuer.

  ITEM 6.
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Not applicable.



 
 
 

  ITEM 7.
Material to be Filed as Exhibits.

Exhibit A – Directors and Executive Officers of the Offshore Feeder Fund and Spectrum Offshore Feeder Fund (previously filed)

Exhibit B - Joint Filing Agreement (previously filed)

Exhibit C – Power of Attorney

Exhibit D – Press Release (previously filed)

Schedule 1 - Transactions of the Reporting Persons Effected During the Past 60 Days


 
 
 

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, the undersigned each certifies that the information with respect to it set forth in this statement is true, complete and correct.

Dated:  January 10, 2013

LUXOR CAPITAL PARTNERS, LP
By: LCG Holdings, LLC, as General Partner

By: /s/ Norris Nissim
Norris Nissim,
General Counsel
 
LUXOR WAVEFRONT, LP
By: LCG Holdings, LLC, as General Partner
 
By: /s/ Norris Nissim
Norris Nissim,
General Counsel
 
LUXOR CAPITAL PARTNERS OFFSHORE MASTER FUND, LP
By: LCG Holdings, LLC, as General Partner
 
By: /s/ Norris Nissim
Norris Nissim,
General Counsel
 
LUXOR CAPITAL PARTNERS OFFSHORE, LTD.
By: Luxor Capital Group, LP, as investment manager
 
By: /s/ Norris Nissim
Norris Nissim,
General Counsel
 
LUXOR CAPITAL GROUP, LP
By: Luxor Management, LLC, as General Partner
 
By: /s/ Norris Nissim
Norris Nissim,
General Counsel

LCG HOLDINGS, LLC
 
By: /s/ Norris Nissim
        Norris Nissim,
        General Counsel


 
 
 

LUXOR MANAGEMENT, LLC
 
By: /s/ Norris Nissim
       Norris Nissim,
       General Counsel
 
/s/ Adam Miller
Adam Miller, as Agent
For Christian Leone
 

 
 
 
 


EXHIBIT C
POWER OF ATTORNEY


The undersigned hereby makes, constitutes and appoints each of Adam Miller and Elena Cimador as the undersigned’s true and lawful authorized representative, attorney-in-fact and agent, each with the power individually to execute for and on behalf of the undersigned and to file with and deliver to the United States Securities and Exchange Commission and any other authority or party required or entitled to receive the same: (a) any Forms 3, 4 and 5, and any amendments thereto, in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the “1934 Act”), and the rules promulgated thereunder; and (b) any Schedule 13D or Schedule 13G, and any amendments thereto, on behalf of the undersigned in accordance with Section 13 of the 1934 Act and the rules promulgated thereunder.

The undersigned also hereby grants to each such attorney-in-fact the full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, hereby ratifying and confirming all that such attorney-in-fact shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming any of the undersigned's responsibilities to comply with Section 16 or Section 13 or any other provision of the 1934 Act or the rules promulgated thereunder.

This Power of Attorney shall remain in full force and effect until earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of January 20, 2006.
 
/s/ Christian Leone
Christian Leone

ACKNOWLEDGEMENT IN NEW YORK STATE

STATE OF NEW YORK)
:  ss.:
COUNTY OF NEW YORK)

On January 20, 2006, before me, the undersigned personally appeared, Christian Leone, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.


/s/ Michael J. Sadler
    Notary Public

[Notary Stamp and Seal]

 

 
 
 

SCHEDULE 1

Transactions of the Reporting Persons Effected
During the Past 60 Days


None of the Reporting Persons effected any transactions in securities of the Issuer during the past sixty (60) days:


Fund/Account
Date
Amount of Shs. Bought or (Sold)
 
Price ($) per Share
 
Luxor Spectrum, LLC
11/14/2012
     (29,701)
        10.77690
Luxor Capital Partners Offshore Master Fund, LP
11/30/2012
        4,100
        11.54980
Luxor Capital Partners, LP
11/30/2012
        3,700
        11.54980
Luxor Wavefront, LP
11/30/2012
        2,100
        11.54980
Separately Managed Accounts
11/30/2012
           900
        11.54980
Luxor Capital Partners Offshore Master Fund, LP
11/30/2012
           700
        11.55000
Luxor Capital Partners, LP
11/30/2012
           600
        11.55000
Luxor Wavefront, LP
11/30/2012
           500
        11.55000
Separately Managed Accounts
11/30/2012
           100
        11.55000
Luxor Capital Partners Offshore Master Fund, LP
11/30/2012
      36,500
        11.56510
Luxor Capital Partners, LP
11/30/2012
      33,000
        11.56510
Luxor Wavefront, LP
11/30/2012
      19,200
        11.56510
Separately Managed Accounts
11/30/2012
        8,400
        11.56510
Luxor Capital Partners Offshore Master Fund, LP
11/30/2012
        2,600
        11.60130
Luxor Capital Partners, LP
11/30/2012
        2,300
        11.60130
Luxor Wavefront, LP
11/30/2012
        1,300
        11.60130
Separately Managed Accounts
11/30/2012
           600
        11.60130
Luxor Capital Partners Offshore Master Fund, LP
12/3/2012
      10,690
        11.68500
Luxor Capital Partners, LP
12/3/2012
        6,369
        11.68500
Luxor Spectrum Offshore Master Fund, LP
12/3/2012
        1,290
        11.68500
Luxor Wavefront, LP
12/3/2012
        2,402
        11.68500
Separately Managed Accounts
12/3/2012
           1,449
        11.68500
Luxor Capital Partners Offshore Master Fund, LP
12/3/2012
      24,078
        11.70000
Luxor Capital Partners, LP
12/3/2012
      14,347
        11.70000
Luxor Spectrum Offshore Master Fund, LP
12/3/2012
        2,903
        11.70000
Luxor Wavefront, LP
12/3/2012
        5,412
        11.70000
Separately Managed Accounts
12/3/2012
        3,260
        11.70000
Luxor Capital Partners Offshore Master Fund, LP
12/3/2012
    152,907
        11.71290
 
 
 
 
 
 
 
Luxor Capital Partners, LP
12/3/2012
      91,102
        11.71290
Luxor Spectrum Offshore Master Fund, LP
12/3/2012
      18,436
        11.71290
Luxor Wavefront, LP
12/3/2012
      34,361
        11.71290
Separately Managed Accounts
12/3/2012
        20,711
        11.71290
Luxor Capital Partners Offshore Master Fund, LP
12/3/2012
        2,997
        11.73570
Luxor Capital Partners, LP
12/3/2012
        1,785
        11.73570
Luxor Spectrum Offshore Master Fund, LP
12/3/2012
           361
        11.73570
Luxor Wavefront, LP
12/3/2012
           673
        11.73570
Separately Managed Accounts
12/3/2012
           404
        11.73570
Luxor Capital Partners Offshore Master Fund, LP
12/6/2012
      55,320
        11.75910
Luxor Capital Partners, LP
12/6/2012
      39,092
        11.75910
Luxor Spectrum Offshore Master Fund, LP
12/6/2012
        3,308
        11.75910
Luxor Wavefront, LP
12/6/2012
        8,499
        11.75910
Separately Managed Accounts
12/6/2012
        4,081
        11.75910
Luxor Capital Partners Offshore Master Fund, LP
12/6/2012
    200,619
        11.79980
Luxor Capital Partners, LP
12/6/2012
    141,771
        11.79980
Luxor Spectrum Offshore Master Fund, LP
12/6/2012
      11,997
        11.79980
Luxor Wavefront, LP
12/6/2012
      30,826
        11.79980
Separately Managed Accounts
12/6/2012
        14,787
        11.79980
Luxor Capital Partners Offshore Master Fund, LP
12/6/2012
        3,313
        11.80000
Luxor Capital Partners, LP
12/6/2012
        2,340
        11.80000
Luxor Spectrum Offshore Master Fund, LP
12/6/2012
           197
        11.80000
Luxor Wavefront, LP
12/6/2012
           508
        11.80000
Separately Managed Accounts
12/6/2012
           242
        11.80000
Luxor Spectrum Offshore Master Fund, LP
12/24/2012
     (93,420)
        11.63940
Separately Managed Accounts
12/24/2012
     (106,580)
        11.63940
Luxor Capital Partners Offshore Master Fund, LP
12/26/2012
     (30,982)
        11.57100
Luxor Capital Partners, LP
12/26/2012
     (15,405)
        11.57100
Luxor Spectrum Offshore Master Fund, LP
12/26/2012
     (13,621)
        11.57100
Separately Managed Accounts
12/26/2012
       (15,275)
        11.57100
Luxor Capital Partners Offshore Master Fund, LP
12/27/2012
     (16,286)
        11.50500
Luxor Capital Partners, LP
12/27/2012
     (10,475)
        11.50500
Luxor Spectrum Offshore Master Fund, LP
12/27/2012
       (1,274)
        11.50500
Separately Managed Accounts
12/27/2012
          (565)
        11.50500
Luxor Capital Partners Offshore Master Fund, LP
12/27/2012
   (170,821)
        11.54000
 
 
 
 
 
 
 
 
Luxor Capital Partners, LP
12/27/2012
   (109,881)
        11.54000
Luxor Spectrum Offshore Master Fund, LP
12/27/2012
     (13,366)
        11.54000
Separately Managed Accounts
12/27/2012
       (5,932)
        11.54000
Luxor Capital Partners Offshore Master Fund, LP
1/7/2013
      93,482
        12.16700
Luxor Capital Partners, LP
1/7/2013
      59,762
        12.16700
Luxor Spectrum Offshore Master Fund, LP
1/7/2013
        7,355
        12.16700
Luxor Wavefront, LP
1/7/2013
      31,058
        12.16700
Separately Managed Accounts
1/7/2013
        8,343
        12.16700
Luxor Capital Partners Offshore Master Fund, LP
1/7/2013
    106,571
        12.25000
Luxor Capital Partners, LP
1/7/2013
      68,130
        12.25000
Luxor Spectrum Offshore Master Fund, LP
1/7/2013
        8,385
        12.25000
Luxor Wavefront, LP
1/7/2013
      35,407
        12.25000
Separately Managed Accounts
1/7/2013
        9,507
        12.25000
Luxor Capital Partners Offshore Master Fund, LP
1/8/2013
        4,609
        12.19990
Luxor Capital Partners, LP
1/8/2013
        2,966
        12.19990
Luxor Spectrum Offshore Master Fund, LP
1/8/2013
           348
        12.19990
Luxor Wavefront, LP
1/8/2013
           974
        12.19990
Separately Managed Accounts
1/8/2013
           401
        12.19990
Luxor Capital Partners Offshore Master Fund, LP
1/8/2013
    359,389
        12.25210
Luxor Capital Partners, LP
1/8/2013
    231,298
        12.25210
Luxor Spectrum Offshore Master Fund, LP
1/8/2013
      27,151
        12.25210
Luxor Wavefront, LP
1/8/2013
      75,950
        12.25210
Separately Managed Accounts
1/8/2013
     31,212
        12.25210
Luxor Capital Partners Offshore Master Fund, LP
1/8/2013
    198,283
        12.28460
Luxor Capital Partners, LP
1/8/2013
    127,613
        12.28460
Luxor Spectrum Offshore Master Fund, LP
1/8/2013
      14,981
        12.28460
Luxor Wavefront, LP
1/8/2013
      41,904
        12.28460
Separately Managed Accounts
1/8/2013
        17,219
        12.28460
Luxor Capital Partners Offshore Master Fund, LP
1/8/2013
    303,871
        12.29370
Luxor Capital Partners, LP
1/8/2013
    195,568
        12.29370
Luxor Spectrum Offshore Master Fund, LP
1/8/2013
      22,957
        12.29370
Luxor Wavefront, LP
1/8/2013
      64,217
        12.29370
Separately Managed Accounts
1/8/2013
      26,387
        12.29370
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
    124,000
        12.37190
Luxor Capital Partners, LP
1/9/2013
      80,000
        12.37190
 
 
 
 
 
 
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
        9,500
        12.37190
Luxor Wavefront, LP
1/9/2013
      25,800
        12.37190
Separately Managed Accounts
1/9/2013
        10,700
        12.37190
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
      49,600
        12.37500
Luxor Capital Partners, LP
1/9/2013
      32,000
        12.37500
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
        3,800
        12.37500
Luxor Wavefront, LP
1/9/2013
      10,300
        12.37500
Separately Managed Accounts
1/9/2013
        4,300
        12.37500
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
    124,100
        12.37990
Luxor Capital Partners, LP
1/9/2013
      79,900
        12.37990
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
        9,590
        12.37990
Luxor Wavefront, LP
1/9/2013
      25,800
        12.37990
Separately Managed Accounts
1/9/2013
        10,610
        12.37990
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
    173,600
        12.38370
Luxor Capital Partners, LP
1/9/2013
    112,000
        12.38370
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
      13,300
        12.38370
Luxor Wavefront, LP
1/9/2013
      36,100
        12.38370
Separately Managed Accounts
1/9/2013
        15,000
        12.38370
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
        3,200
        12.40500
Luxor Capital Partners, LP
1/9/2013
        2,100
        12.40500
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
           210
        12.40500
Luxor Wavefront, LP
1/9/2013
           700
        12.40500
Separately Managed Accounts
1/9/2013
           300
        12.40500
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
    644,600
        12.40850
Luxor Capital Partners, LP
1/9/2013
    416,000
        12.40850
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
      49,400
        12.40850
Luxor Wavefront, LP
1/9/2013
    134,200
        12.40850
Separately Managed Accounts
1/9/2013
      55,800
        12.40850
Luxor Capital Partners Offshore Master Fund, LP
1/9/2013
      49,600
        12.41000
Luxor Capital Partners, LP
1/9/2013
      32,000
        12.41000
Luxor Spectrum Offshore Master Fund, LP
1/9/2013
        3,800
        12.41000
Luxor Wavefront, LP
1/9/2013
      10,300
        12.41000
Separately Managed Accounts
1/9/2013
        4,300
        12.41000


The above transactions were effected in the open market.